Tag: Ghanaian cedi

Assessing the impact of Ghana’s banking reforms

The Bank of Ghana recently announced 23 banks in the country as fit for operations following the increment in the minimum capital requirement for commercial banks to 400 million Ghanaian Cedi. Collins Appiah, Economic Advisor at Services Integrity Savings and Loans joins CNBC Africa from Ghana to assess the impact of Ghana’s banking reforms on the sector.

Ghana’s central bank keeps interest rate unchanged at 17 percent

The decision will help to stabilise the local currency which has come under marginal pressure in recent weeks.